Where does all that lottery money go besides the victor?

Claude Bryan |Thursday, October 25, 2018

Bronx resident wins $1 million in Mega Million lottery jackpot

"I would want to set myself up, but still be working so I don't erode into nothingness", Baron said. "In this 26-draw jackpot run, beginning with the July 27 drawing there were more than 50.2 million winning tickets at all prize levels, including 85 worth $1 million or more and the jackpot victor", Mega Millions announced on its website. If one person gets all of the numbers, they can choose the lump-sum cash payout and walk away with nearly $905 million after taxes.

A man walks past Mega Millions and other lottery displays outside of The Lucky Spot in San Francisco, on October 18, 2018.

The Mega Millions jackpot is now at a record $1.6 billion.

"The final total was less than the $1.6 billion estimate", said Carol Gentry, a spokeswoman for the Maryland Lottery, which leads a consortium of state lotteries participating in the Mega Millions jackpot.

For Mega Millions, players now pick five numbers from 1 to 70 and a Mega number of 1 to 25 (for eg 12 34 57 65 69 and 12).

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